Item 8.01. Other Events.
By notice dated
UnderMaryland law and the Company's bylaws, in order for a quorum to be present and the Company to conduct the business of the meeting, the presence, in person or by proxy, of stockholders entitled to cast a majority of all the votes entitled to be cast at the meeting on any matter is required. As of the record date, there were 885,221,996 shares of common stock of the Company outstanding and entitled to vote. The Company determined that only 321,257,446 shares were represented in person or by proxy at the meeting; accordingly, a quorum was not present at the meeting. Because a quorum was not present at the meeting, no business was conducted and the 2022 annual meeting of stockholders was adjourned. We do not expect to reconvene the 2022 annual meeting of stockholders. As a result, the current directors of the Company,Jeffrey L. Shekell ,R. David Turner andRichard Vance , will continue as members of the board of directors of the Company until their respective successors are duly elected and qualify.
As a quorum was not present, no votes were cast at the meeting.
The Company did receive proxies or ballots directing that their shares be voted as follows with respect to the Company's directors (although no votes were cast): Percentage of Proxies or Percentage of Proxies or Nominee For Ballots Received Withhold Ballots Received Broker Non-Votes Jeffrey L. Shekell 143,499,268 45% 13,100,532 4% 164,657,646 R. David Turner 143,597,575 45% 13,002,225 4% 164,657,646 Richard Vance 143,657,167 45% 12,942,633 4% 164,657,646 The Company also received proxies or ballots directing that their shares be voted as follows with respect to the approval, on a non-binding, advisory basis, of the compensation of the Company's named executive officers as described in its proxy materials (although no votes were cast): For Against Abstain Broker Non-Votes 134,337,535 16,250,957 6,011,304 164,657,650 The Company also received proxies or ballots directing that their shares be voted as follows with respect to the approval, on a non-binding, advisory basis, of the frequency of future advisory votes on the compensation of the Company's named executive officers as described in its proxy materials (although no votes were cast): 3 Years 2 Years 1 Year Abstain Broker Non-Votes 68,105,728 8,069,673 69,583,821 10,840,576 164,657,648
The Company also received proxies or ballots directing that their shares be
voted as follows with respect to the ratification of the selection of
For Against Abstain 306,331,788 9,440,525 5,485,133
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